Latest Hurricane Headlines
All the headlines from our Hurricane Topic Page, ordered by recency.
On the Water: As Boating Season Kicks Off, Help Insureds Prepare
Feb 19 2018 // Boat show season is well under way and this year will ring in as another strong year for new boat sales – that’s good news for insurance professionals writing boats. The close of 2017 marked the sixth...
TDI: Nearly 670K Property Insurance Claims Generated in Texas by Hurricane Harvey
Feb 19 2018 // Hurricane Harvey resulted in nearly 670,000 in combined personal and commercial property insurance claims to private insurers, the Texas Windstorm Insurance Association (TWIA) and the Texas Fair Access to Insurance...
Nearly 670K Property Insurance Claims in Texas from Hurricane Harvey: TDI
Feb 13 2018 // Hurricane Harvey resulted in nearly 670,000 in combined personal and commercial property insurance claims to private insurers, the Texas Windstorm Insurance Association (TWIA) and the Texas Fair Access to Insurance...
CoreLogic Identifies Flood and Wildfire as the Two Most Destructive Natural Hazards in 2017
Feb 7 2018 // This post is part of a series sponsored by CoreLogic. Annual Natural Hazard Risk Summary and Analysis Details 2017 Natural Hazard Events CoreLogic® analyzes and evaluates the number and severity of natural hazard events...
How Disasters Expose Challenges and Opportunities for Insurance
Feb 7 2018 // Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to panelists at the Insurance...
Mississippi to Offer Free Vehicle Inspections of Hurricane-Damaged Vehicles
Feb 5 2018 // The Mississippi Insurance Department (MID) and the Mississippi Collision Repair Association have partnered to protect residents from buying cars damaged by Hurricanes Harvey and Irma. Officials say thousands of...
Mississippi Insurance Commissioner Backs Bill to Increase Authority Over Wind Pool
Feb 5 2018 // Mississippi’s insurance commissioner is pushing a bill to strip a tax subsidy and authority from the state’s insurer of last resort for hurricane-prone coastal residents. Commissioner Mike Chaney says the...
CoreLogic: Harvey an Exception to a Relatively ‘Normal’ Hazard Activity Year
Feb 5 2018 // While natural weather hazard activity could be largely categorized as “normal” last year, regional exceptions occurred, notably: wildfires in California and hurricane activity in Texas and the...
Insurance Council of Texas: Justified Consumer Complaints Minimal in 2017
Jan 31 2018 // Despite another year of bad weather, data from the Texas Department of Insurance (TDI) shows that justified consumer complaints continued to be low, the Insurance Council of Texas (ICT) reports. Out of 6.7 million...
Mississippi to Offer Free Vehicle Inspections of Hurricane-Damaged Vehicles
Jan 30 2018 // The Mississippi Insurance Department (MID) and the Mississippi Collision Repair Association are partnering on an initiative designed to protect residents from buying cars damaged by Hurricanes Harvey and Irma. Following...
National Hurricane Center: Harvey’s Rains Make It Second-Costliest U.S. Hurricane
Jan 29 2018 // Record-breaking Hurricane Harvey became the second-costliest storm to hit the U.S. and dropped more rain than any other system ever. Harvey, the strongest hurricane to hit the U.S. since 2005, killed at least 103 people...
Foreclosure Fears Rise in Texas with Jump in Late Mortgages After Harvey
Jan 29 2018 // As Jacob Lerma surveyed the skeletal beams of his suburban Houston home that was flooded during Hurricane Harvey, he kept muttering three words as he wondered if his family would ever be able to move back in: “I...
IBHS in Florida Announces Leadership Changes, Focus for 2018
Jan 26 2018 // The Insurance Institute for Business & Home Safety (IBHS), headquartered in Tampa, Fla., has promoted Anne D. Cope, Ph.D., P.E., to senior vice president of Research and chief engineer. Cope has assumed leadership of...
Mississippi Insurance Commissioner Backs Bill to Increase Authority Over Wind Pool
Jan 26 2018 // Mississippi’s insurance commissioner is pushing a bill to strip a tax subsidy and authority from the state’s insurer of last resort for hurricane-prone coastal residents. Commissioner Mike Chaney says the...
2017’s Natural Hazards and the Destruction They Brought: CoreLogic
Jan 25 2018 // CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in California and flooding from...
Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon
Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
Louisiana Citizens Opens Search for Catastrophe Service Vendors
Jan 22 2018 // New Catastrophe Services contracts are expected to secure over 600 Adjusters as part of the company’s ongoing Catastrophe preparedness and response to large claim volume events. Baton Rouge, LA, January 22, 2018–...
2017 Disasters
Jan 22 2018 // The Federal Emergency Management Agency (FEMA) was busy in 2017 as it supported 59 major disaster declarations and 16 emergency declarations, a year during which unprecedented disasters affected more than 25 million...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield
Jan 11 2018 // Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which has responded with a show of strength by continuing to fund reinsurance capacity, according to...
Coastal Sea Rise Threatening Florida’s Historic Resources
Jan 9 2018 // The Castillo de San Marcos withstood two sieges in 330 years and changed hands five times, but its latest invader – the rising Atlantic Ocean – threatens to erode the historic St. Augustine fortress. The coquina shell...
